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$3,256 (target)

1008 Scotts Ridge Trl, Apex, NC 27502

3 beds • 3 baths • 1845 sqft

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This property looks like a bad Mid-Term investment with a projected -10.58% first-year return on $130k initial cash invested.

-10.58%

Cash On Cash

3.69%

Cap Rate

0.62

DSCR

$3,256

Rent

-$1,149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,256 income − $4,405 expenses = $1,149 out of pocket

Income$3,256Out of Pocket$1,149Mortgage P&I$2,66682%Property Taxes$39312%Insurance$1896%HOA$502%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35811%

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,349

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,256

Total Expenses

$4,405

Mortgage P&I

82%

$2,666

Property Taxes

12%

$393

Home Insurance

6%

$189

HOA

2%

$50

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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